ROCHER: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
ROCHER
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€30,573
2024 · -€1.2m+€1.2m
Equity
€4.5m
2024 · €4.6m-€30,573
Cash
€36,352
2024 · €63,103-€26,752
Balance sheet total
€14.3m
2024 · €14.5m-€232,953
Largest movements
Assets
- Tangible fixed assets -€270,330
down €270,330 (-1.9%), from €14.2m to €13.9m
Equity and liabilities
- Debts after one year -€191,372
down €191,372 (-2.1%), from €9.3m to €9.1m
Income statement
- Depreciation -€1.1m
down €1.1m (-79.9%), from €1.4m to €277,449
- Financial charges -€155,508
down €155,508 (-28.5%), from €546,537 to €391,029
- Gross operating margin -€91,734
down €91,734 (-11.3%), from €813,720 to €721,985
- Other operating charges -€8,402
down €8,402 (-9.1%), from €92,493 to €84,090
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
-€1.2m
Gross operating margin
-€91,734
Depreciation
+€1.1m
Other operating charges
+€8,402
Financial income
+€10
Financial charges
+€155,508
Result 2025
-€30,573
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€134,509
Investment
-€7,119
Financing
-€154,142
Cash 2024
€63,103
From operations (derived)
+€134,509
Net result for the year
-€30,573
Depreciation
+€277,449
Receivables within one year
-€45,349
Deferred charges and accrued income
-€18,780
Trade debts
-€14,094
Tax, wage and social debts
+€8,805
Other debts
+€948
Accrued charges and deferred income
-€43,897
Investment (derived)
-€7,119
Investment in fixed assets (net)
-€7,119
Financing
-€154,142
Debts after one year
-€191,372
Current portion of long-term debt
+€37,230
Cash 2025
€36,352
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,522,991 | €14,290,038 | -€232,953 | -1.6% |
| Fixed assets | 21/28 | €14,213,913 | €13,943,583 | -€270,330 | -1.9% |
| Tangible fixed assets | 22/27 | €14,213,913 | €13,943,583 | -€270,330 | -1.9% |
| Land and buildings | 22 | €14,213,913 | €13,943,583 | -€270,330 | -1.9% |
| Current assets | 29/58 | €309,078 | €346,455 | +€37,376 | +12.1% |
| Amounts receivable within one year | 40/41 | €239,551 | €284,900 | +€45,349 | +18.9% |
| Trade receivables | 40 | €235,599 | €283,211 | +€47,611 | +20.2% |
| Other amounts receivable | 41 | €3,952 | €1,689 | -€2,263 | -57.3% |
| Cash at bank and in hand | 54/58 | €63,103 | €36,352 | -€26,752 | -42.4% |
| Deferred charges and accrued income | 490/1 | €6,424 | €25,204 | +€18,780 | +292.3% |
| Total equity and liabilities | 10/49 | €14,522,991 | €14,290,038 | -€232,953 | -1.6% |
| Equity | 10/15 | €4,555,698 | €4,525,125 | -€30,573 | -0.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €5,580,313 | €5,482,331 | -€97,982 | -1.8% |
| Reserves | 13 | €122,537 | €220,519 | +€97,982 | +80.0% |
| Distributable reserves | 133 | €122,537 | €220,519 | +€97,982 | +80.0% |
| Profit (loss) carried forward | 14 | -€1,208,652 | -€1,239,225 | -€30,573 | -2.5% |
| Amounts payable | 17/49 | €9,967,294 | €9,764,913 | -€202,380 | -2.0% |
| Amounts payable after more than one year | 17 | €9,292,140 | €9,100,768 | -€191,372 | -2.1% |
| Financial debts | 170/4 | €9,292,140 | €9,100,768 | -€191,372 | -2.1% |
| Amounts payable within one year | 42/48 | €451,511 | €484,399 | +€32,889 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €409,116 | €446,346 | +€37,230 | +9.1% |
| Trade debts | 44 | €14,636 | €542 | -€14,094 | -96.3% |
| Suppliers | 440/4 | €14,636 | €542 | -€14,094 | -96.3% |
| Taxes, remuneration and social security | 45 | €27,758 | €36,564 | +€8,805 | +31.7% |
| Taxes | 450/3 | €27,758 | €36,564 | +€8,805 | +31.7% |
| Other amounts payable | 47/48 | - | €948 | +€948 | |
| Accrued charges and deferred income | 492/3 | €223,643 | €179,746 | -€43,897 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,383,343 | €277,449 | -€1.1m | -79.9% |
| Other operating charges | 640/8 | €92,493 | €84,090 | -€8,402 | -9.1% |
| Gross operating margin | 9900 | €813,720 | €721,985 | -€91,734 | -11.3% |
| Operating profit (loss) | 9901 | -€662,116 | €360,446 | +€1.0m | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €546,537 | €391,029 | -€155,508 | -28.5% |
| Recurring financial charges | 65 | €546,537 | €391,029 | -€155,508 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,208,652 | -€30,573 | +€1.2m | +97.5% |
| Profit (loss) for the period | 9904 | -€1,208,652 | -€30,573 | +€1.2m | +97.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,208,652 | -€30,573 | +€1.2m | +97.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.